DePIN Modules. Understand the innovation.
We looked at the basics of DePIN (Decentralised physical infrastructure networks) and broke down the various categorisations in the landscape. Today we are focusing on DePIN module projects.
What is DePIN Modules?
This is the sector of Decentralised physical infrastructure networks that utilises specific created software or infrastructure to adopt decentralisation and cryptocurrency.
Participants in this sector take part by buying specific infrastructure (physical and digital) that is used to connect to its specific decentralised network.
We can categorise the Modules sector into 3 categories:
- Off-chain compute
- specific tool DePIN
- Layer 1 and Layer 2
Off-chain Compute
the projects in this category require participants to use specific software on compatible devices that provide support to a specified blockchain.
Tools
the projects in this category utilise specific utility infrastructure to support the decentralised function of their corresponding projects.
L1/L2
the projects in this category utilise specific physical and digital infrastructure to support and run decentralised blockchains of their corresponding projects.
Conclusion.
We have briefly looked at a breakdown of the DePIN module ecosystem. This area is rapidly changing, and new innovations keep being introduced into the space.
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